The Sparks Foundation

Foundation · Grantmaker Columbia, TN EIN: 23-7029788

The Sparks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Columbia, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.3M in total assets. In 2024, it awarded 5 grants totaling $401K. Net investment income was $329K.

Key facts about The Sparks Foundation

In short: The Sparks Foundation gave $401K across 5 grants in 2024 (avg $80K), mostly in District of Columbia. Source: 2024 IRS Form 990-PF.

EIN
23-7029788
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$401,000
Grants made (2024)
5
Average grant
$80,200
Median grant
$10,000
Total assets
$7,279,001
Primary geography
District of Columbia (94% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.3M

+13.3% YoY

Annual Giving

$401K

+22.7% YoY

Grant Count

5

-76.2% YoY

Avg Grant Size

$80K

+415.4% YoY

Under IRS private-foundation payout rules, The Sparks Foundation reported a distributable amount of $315K for 2024 — the minimum it must pay out in qualifying distributions.

How The Sparks Foundation gives

  • Giving grew 22% from 2021 to 2024. Method
  • In 2024 it paid out 127% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

22states

Share of all 5 itemized 2024 grant dollars.

Cities

NashvilleMemphisGreat FallsWashingtonHeber SpringsBrentwoodGermantownNaplesBeltonLemontAtlantaFranklinLebanonLos AngelesMississippi StateNew YorkBaltimoreBonita SpringsCantonDallas

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K12 grants202032 grants202123 grants202221 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

America First Policy Institute: $375KAmerica First Policy Institute$375KFamily Is Everything: $10KFamily Is Everything$10KOperation Light Shine: $10KOperation Light Shine$10KCovenant Church of Heber Springs: $5KCovenant Church of HeberSprings$5KAmbassador Services International: $1KAmbassador ServicesInternational$1K

Grant Size Distribution

93 grants across all recorded years

82<$50K10$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
America First Policy Institute Washington, DCTO SUPPORT THE ORGANIZATIONS MISSION.$375,000
Family Is Everything Nashville, TNTo support the Organization's mission.$10,000
Operation Light Shine Hermitage, TNTo support the Organization's mission.$10,000
Covenant Church of Heber Springs Heber Springs, ARTO SUPPORT THE CHURCH'S MISSION$5,000
Ambassador Services International Franklin, TNto support the organization's mission.$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M20202021202220232024
Metric202420232022
Total Assets$7,279,001$6,424,463$5,178,287
Revenue$389,194$999,885$-114,777
Expenses$468,683$374,120$293,771
Qualifying Distributions$401,000$326,791$241,500
Net Investment Income$329,291$999,885$62,913
Distributable Amount$315,033$271,165$258,258

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Sparks Foundation is led by Robert D Sparks, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Robert D Sparks

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Sparks Foundation

How much does The Sparks Foundation give each year?

The Sparks Foundation gave $401K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $327K across 21 grants.

What is The Sparks Foundation's typical grant size?

The Sparks Foundation's median grant in 2024 was $10,000, and its average grant was $80,200, across 5 grants on its 2024 IRS Form 990-PF.

Where does The Sparks Foundation give grants?

The Sparks Foundation gives mostly in District of Columbia: 94% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (5%).

Does The Sparks Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on The Sparks Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "to support the organization's mission." (3 grants).

Who are The Sparks Foundation's largest grantees?

The Sparks Foundation's largest 2024 grantees include America First Policy Institute ($375,000), Family Is Everything ($10,000) and Operation Light Shine ($10,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.

How large is The Sparks Foundation?

The Sparks Foundation reported $7.3M in total assets on its 2024 IRS Form 990-PF. It paid out $401K in qualifying distributions that year, against a required minimum of $315K (roughly 5% of its investment assets).

What is The Sparks Foundation?

The Sparks Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Columbia, TN. It holds $7.3M in total assets as of 2024.

What is The Sparks Foundation's EIN?

The Sparks Foundation's EIN (Employer Identification Number) is 23-7029788. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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